The proposed IFC disrupts existing regulatory structures.
RBI has cited at least 10 areas where it has no control over PSBs.
The finance ministry has put out a revised draft in public domain.
'If the RBI board forces the management's hand on all the key issues, it should be prepared for resignations by the governor and the key deputy governor, Viral Acharya,' warns T N Ninan.
On Friday, the nameplate of the erstwhile commission on the railings of the Yojana Bhawan was pulled down and replaced with NITI Aayog.
'If she contests it, then these people will have to fight it in court.'
'Will Pakistan allow R&AW and Indian armed force officers access to roam around their strategic bases?' 'Is there any precedent anywhere in the world of such permissions being granted?'
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
'Pakistan has responded with appropriate contempt -- hrowing our national dignity into the waste paper basket.'
Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group
The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach. We need to accept that this process will take time if executed correctly and in the best interests of the Indian armed forces, argues Commodore Venugopal Menon (retd).
Sheikh Hasina's government has launched a relentless war against terrorism since the Dhaka cafe carnage in July 2016, but as Bangladesh's terror networks exploit new technologies and new tactics, the challenge to eliminate jihad gets tougher, points out Binodkumar Singh.
Rules for market infrastructure institutions such as stock exchanges, clearing corporations, and depositories have come under review by Sebi after five years.
'Instead of writing NAM's obituary, India should reinvent it,' suggests Dr Rup Narayan Das.
'The political environment makes it extremely difficult for youngsters to be hopeful about their lives, and focus on their dreams.'
While everybody is talking about the vast potential of 5G, the uptake of such services in India depends on operators getting around 100 Mhz 5G spectrum. At the reserve price proposed by Trai, getting this spectrum will cost a telco around Rs 490 billion. Which amount could be difficult for operators to mop up, given the financial stress they are undergoing, says Kiran Rathee.
The 84-year old veteran Congressman, who died from post-COVID complications on Monday, was a Nehru-Gandhi family loyalist.
'Public spirited individuals and organisations should commemorate May 10 as Kashmir Solidarity Day by taking out candlelight marches and gathering at war memorials all over the country.'
'The occasion is not just to remember Lieutenant Fayaz, but also all those who have lost their lives in Kashmir defending the Republic,' says Colonel Anil A Athale (retd).
The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.
Xi ordered the military to think about worst-case scenarios, scale up training and battle preparedness, promptly and effectively deal with all sorts of complex situations and resolutely safeguard national sovereignty, security and development interests, state-run Xinhua news agency reported, without mentioning any specific issues that posed a threat to the country.
'I cannot conceive of any reason than my unsparing criticism of government policies that the government picked me to send a message to many who dare to take it on.'
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
Businesses that either take local communities for granted or see them as an obstacle to be 'managed' are skating on thin ice.
'Nothing in this world is permanent. So also in business.' 'And more so in family businesses where family issues often influence business decisions,' point out S Subramanian and Nupur Pavan Bang.
Sebi splits CMD post and has directed listed companies to have at least six directors and at least one of them needs to be a woman.
'His prowess in Aikido -- a Japanese martial art that focuses on harmony with the opponent to peacefully resolve conflicts -- gives Rahul Gandhi an advantage that fanatical adversaries lack,' says Sunanda K Datta-Ray.
The map shows the prevalence of modern day slavery across the world. The larger the circle, the greater is the prevalence of modern day slavery in a country
'The Indian side has realised that not talking to Pakistan has not served any useful purpose.'
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
The new army chief's highest priority must be to address the critical hollowness in the Indian Army's operational preparedness, says Brigadier Gurmeet Kanwal (retd).
'There is simply no evidence of any new or clear policy direction in internal security, and mounting evidence of policy incoherence.' 'Worse, the promise of giving the common man -- and, more importantly, woman -- a greater sense of security has been utterly belied. Indeed, with an escalation of communal posturing and rhetoric, there is a broader sense of uncertainty,' says Ajai Sahni.
India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016.
'Attempts at long-term rapprochement have been rather feeble from both sides. The primary cause of the lack of progress is that these efforts do not appear to have the support of the Pakistan army,' says Brigadier Gurmeet Kanwal (retd).
India has a long way to go before it develops a culture of professional boards accountable to institutional investors. There is, therefore, no realistic alternative to reforming and strengthening PSBs under government ownership, says T T Ram Mohan.
Anti-conversion laws are needed since thrusting the idea of a competitive battlefield of religion onto India's pluralistic traditions can only lead to greater communal conflict, says Sankrant Sanu
The conflict began around Diwali when a group of workers demanded pay hike.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
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